Immigration decisions can have significant tax and financial consequences. Individuals moving to or from the United States may have foreign accounts, businesses, investments, retirement assets, trusts, real estate, or income that raise U.S. tax and reporting issues.
Rise Immigration Law helps identify immigration and international tax issues together so that important cross-border considerations are not overlooked while an immigration strategy is being developed.
When Immigration and International Tax Issues Overlap
Immigration status and U.S. tax status are separate legal concepts, but changes in residence, employment, business activity, or time spent in the United States can create tax consequences that should be considered as part of broader planning.
Foreign Assets and Financial Accounts
Individuals entering the U.S. tax system may already own foreign bank or investment accounts, foreign corporations, partnerships, retirement plans, real estate, or other assets. These holdings can create U.S. tax and information-reporting obligations.
Entrepreneurs, Investors, and Business Owners
Cross-border entrepreneurs and investors may need to consider immigration strategy together with business ownership, compensation, investment structure, and international tax reporting. These issues can be especially important when evaluating investor and entrepreneur immigration options.
Employment and Cross-Border Professionals
International professionals may have compensation, equity, retirement accounts, investments, or other financial interests in more than one country. Immigration and employment-based immigration decisions may therefore have consequences beyond the immigration filing itself.
Planning Before a Move to the United States
When circumstances allow, reviewing foreign assets, business interests, income, investments, and financial accounts before a significant move can help identify issues that may become important after U.S. tax or immigration circumstances change.
Existing International Tax Compliance Issues
Some individuals discover after beginning an immigration matter that prior U.S. tax filings, foreign-account reporting, or international information returns require review. Immigration and tax issues should be evaluated carefully when both are present.
Coordinated Immigration and International Tax Planning
Rise Immigration Law focuses on identifying the legal issues that may affect a cross-border matter and developing a practical strategy tailored to the individual, family, professional, investor, or business involved.
Schedule a Consultation
Discuss your immigration matter and any related international tax concerns directly with an attorney.
Call (303) 626-7000 to schedule an immigration consultation.